TKO Group Holdings CEO Ari Emanuel noticed a big lower in his total wage in 2024 however he nonetheless finally earned $18.1 million for the yr.
On Friday, TKO — the father or mother firm to the UFC and WWE — disclosed an SEC proxy submitting that detailed a few of the salaries for the important thing executives within the firm together with Emanuel and TKO president and chief working officer Mark Shapiro.
Emanuel’s total pay package deal that features a base wage of $3 million together with a number of bonuses finally led to his $18.1 million pay in 2024, which was a steep decline from 2023 the place he earned a whopping $64.9 million. The distinction was tied to Emanuel receiving inventory awards and total bonuses tied to numerous transactions together with a $20 million bonus from the UFC alone.
In 2024, Emanuel earned his base wage together with simply over $8.2 million in an annual monetary efficiency bonus together with $4.29 million for an precise qualitative discretionary bonus in addition to $2.5 million in an annual fairness award.
Whereas Emanuel’s pay package deal in 2024 was decrease than the earlier yr, he’s nonetheless earned huge payouts from different transactions together with $173.8 million when Endeavor — the expertise company turned leisure conglomerate and largest single shareholder in TKO — went non-public once more. He additionally earned $308 million in 2021 when he helped lead Endeavor to going public initially with the vast majority of that payout completed by way of inventory awards.
As for Shapiro, his pay almost doubled between 2023 and 2024.
After incomes $16.1 million in 2023, the TKO president took residence $32 million in 2024. The most important cause for the dramatic enhance was inventory awards that have been valued at over $19 million, together with his yearly wage at $4 million together with $8.2 million in bonuses unreleased to inventory awards.
Yet another fascinating observe, Dwayne “The Rock” Johnson, who joined the TKO board of administrators after he was represented by Endeavor as a expertise company and clearly labored for WWE for a few years, earned over $29 million in inventory awards in 2024.
